Taxes can significantly erode your investment returns, but strategic multiyear planning can help you keep more of your gains.
By selecting the most relevant strategies for your needs and strategically timing when you deploy them, you can optimize their benefi ts and eff ectively manage your tax burden over multiple years.
No one wishes for asset values to drop, but there’s a silver lining to losses. Because taxes on gains can be a significant drag on net returns, harvesting losses can be a sound tax management strategy for enhancing overall portfolio performance. By selling investments that have lost value, investors can lower their capital gains taxes thereby potentially increasing their net investment returns, which may help them reach their investment goals more quickly.
